I would rather get a good insurance, and make a election for QJV.

Eventually building a team will be essential to your success- Lenders, RE Agents, Property Managers, Insurance Agent and then building your inner team if you decide to form an LLC or something- Money partner, Contractor, Etc.

@Paul FagotThere are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

@Michael Pursell @Jonathan R McLaughlin is right about the liability, which made me think about homeowner's insurance.Be sure you talk to your insurance agent about whether an "unofficial rental unit" is covered or needs a different kind of policy.If there was some sort of claim, it wouldn't surprise me at all to see an insurance company deny the claim if it wasn't a legal, permitted ADU.

My question is, should I find the title insurance company or is that the buyers responsibility?

Texas  = high property tax  foundations and storms.FLA = medium prop tax  HIGH insurance.. check that. 

Brian Jensen at cross insurance in Windham PM me if you want his number 

Anyone have a recommended source for Flood Insurance for a SFH?  

I know it is in a flood zone for it has flood insurance.The current flood insurance is about $150/month which totals $1800/year.

I received a quote today for flood insurance on a 2100 sq. ft.